Life for Christ Karate Ministries Inc

Analysis

Life for Christ Karate Ministries Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Life for Christ Karate Ministries Inc reported income of $113k and spending of $110k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $113k (+25%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Life for Christ Karate Ministries Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within IN. Charities of a similar size with the same main cause include Galileo Parent Teacher Organization ($113k), Friends of Saint Joseph West Tampa ($113k) and PTA New York Congress ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.